Excavator Export Sales Set a New Record in September

Excavator Export Sales Set a New Record in September

November 07, 2022

According to the statistics of 26 excavator manufacturing enterprises by China Construction Machinery Industry Association,In September 2022, the sales volume of excavators totaled 21187.,Year-on-year growth of 5.49%。Among,Domestic sales volume: 105,20 sets,Year-on-year decline of 24.5%,Export sales volume 10667 set,Year-on-year growth of 73.4%。Until July 2017,Excavator export sales began to grow.,After five years,Export sales exceed domestic sales for the first time。What is the reason for the overtaking situation?,Listen to Xiaobian's analysis.。

1、A fall in the exchange rate of the renminbi

Since 2022,The international environment has changed.,Lead to sustainability of inflation in that United state。Since March,The Federal Reserve has raised interest rates by a large margin.,The dollar index strengthened,This will lead to a certain degree of passive devaluation of the RMB.。

China wants to give exports an advantage.,Choose to actively devalue the currency,So that domestic goods have a price advantage abroad.。

The RMB exchange rate has fallen,Income from exports of goods rose.,Resulting in an increase in export volume。

2、The instability of steel prices

Instability of steel prices,Lead to fluctuations in the sales price of construction machinery,And then affect downstream purchasing enthusiasm.。Against the backdrop of continued fluctuations in steel prices,Especially March to May.,Steel prices have risen sharply.,It increases the cost of enterprise production and manufacturing.,The short-term profits of enterprises have contracted sharply.,Many enterprises passively adjust the sales price of some varieties.,This causes the downstream pressure to increase dramatically,And then affect domestic sales.。

3、Large gap between supply and demand of overseas equipment

Strong market demand for overseas excavators,At the same time, foreign supply is insufficient.,Domestic enterprises increase export business。Due to the impact of the epidemic in China,Downstream real estate、The infrastructure industry was forced to shut down.,Domestic sales of excavators are limited.,A natural increase in export sales.。

All in all,China's Science and Technology Level Rising,Have the competitive strength with foreign enterprises,And has a price advantage.,And then promote the increase of export sales.。Excavator sales have continued to pick up since July.,Domestic sales of excavators continued to narrow year-on-year decline,Excavator sales are expected to maintain a growth trend in the future.。

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